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Traders Pros

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Operating status: SCAM

Website: https://traderspros.com

Broker violations and abnormal records
  • 2021-02-11 The UK regulator FCA added Traders Pros into its blacklist
    The UK’s Financial Conduct Authority (FCA) added Traders Pros to its warning list, claiming that the company was targeting people in the UK without authorization from them: https://register.fca.org.uk/s/unauthorised-firm?id=0014G00002ar5DFQAY
    The UK’s Financial Conduct Authority (FCA) added Traders Pros to its warning list, claiming that the company was targeting people in the UK without authorization from them: https://register.fca.org.uk/s/unauthorised-firm?id=0014G00002ar5DFQAY
  • 2021-08-24 BrokersView has reviewed that Traders Pros is an unregulated forex broker
    Traders Pros claims to be regulated by the Global Financial Authority (GFA) under the license No.1827G672 and subject to GFA’s instruction guidelines and strict regulation rules. However, we’ ve never heard of a financial regulator named GFA, making the picture discredited and suspicious. In addition, we found that the domain of GFA was just created in 2020. In short, GFA is not an authentic regulatory authority, let alone enacting instruction guidelines and strict regulation rules for brokers carrying forex trading. So Traders Pros is currently not regulated by any financial regulator. That means investors’ funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.
    Traders Pros claims to be regulated by the Global Financial Authority (GFA) under the license No.1827G672 and subject to GFA’s instruction guidelines and strict regulation rules. However, we’ ve never heard of a financial regulator named GFA, making the picture discredited and suspicious. In addition, we found that the domain of GFA was just created in 2020. In short, GFA is not an authentic regulatory authority, let alone enacting instruction guidelines and strict regulation rules for brokers carrying forex trading. So Traders Pros is currently not regulated by any financial regulator. That means investors’ funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.

Related Complaints

Q&A

Would you recommend traderspros as a reputable broker, considering they're still pretty new in the brokerage world??

EG
Portugal
2022-01-11
ANSWER Traders-Pros is an unlicensed broker and should be avoided at all events. Traders-Pros claims to be regulated by the Global Financial Authority (GFA) under the license No.1827G672 and subject to GFA's instruction guidelines and strict regulation rules. However, we've never heard of a financial regulator named GFA, making the picture discredited and suspicious. In addition, we found that the domain of GFA was just created in 2020. In short, GFA is not an authentic regulatory authority, let alone enacting instruction guidelines and strict regulation rules for brokers engaging in forex industry. So Traders Pros is currently not regulated by any financial regulator. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is thoroughly a scam. We would recommend traders to stay away from unregulated brokers like Traders-Pros and trade with licensed brokers.
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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